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Report: IOC, Nayara Energy buy Russia's Urals oil

NEW DELHI, Mar 24 (PRIME) -- Indian Oil Corporation (IOC) has bought 3 million barrels of Russia's Urals oil at a tender with delivery in May, while Nayara Energy bought 1.8 million barrels, the Deccan Herald and Economic Times reported on Thursday citing sources.

According to the sources, IOC bought the Urals from trader Vitol 'at a discount', the financial terms were not disclosed.

Nayara Energy bought oil from Trafigura at undisclosed terms.

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24.03.2022 08:24
 
 
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